Economy

Pier 1 Imports, Inc. (PIR) Upgraded to "Buy" by ValuEngine

The Company's categories of merchandise include decorative accessories and furniture. Columbus Hill Capital Management Lp sold 333,466 shares as Continental Resources Inc (CLR)'s stock declined 7.27%. The institutional investor held 472,670 shares of the consumer services company at the end of 2016Q4, valued at $4.04M, down from 623,237 at the end of the previous reported quarter. Valspar Corp now has $9.00 billion valuation. The days to cover increased to 10.0 and the percentage of shorted shares is 0.15% as of August 15. About 529,715 shares traded. Quintiles IMS Holdings Inc (NYSE:Q) has risen 27.93% since September 17, 2016 and is uptrending. It has outperformed by 16.36% the S&P500.

Irving Magee Investment Management decreased its stake in Pier 1 Imports Inc (PIR) by 24.16% based on its latest 2016Q4 regulatory filing with the SEC. The dividend was $0.070 per share for the quarter or $0.28 on an annualized basis. Gordon Haskett upgraded shares of Pier 1 Imports from a reduce rating to a hold rating and set a $6.00 price objective for the company in a report on Tuesday, June 27th. It is 0.00% or $0 reaching $0 per share. Royal Commercial Bank Of Canada holds 0% or 51,717 shares in its portfolio. The Massachusetts-based Eagle Boston Investment Management Inc has invested 0.61% in the stock. (NYSE:CLR). Thompson Davis And Inc accumulated 424 shares. Pier 1 Imports had a net margin of 1.82% and a return on equity of 13.96%.

Among 21 analysts covering Pier 1 Imports (NYSE:PIR), 6 have Buy rating, 4 Sell and 11 Hold. The home furnishings retailer's stock has now run up 27% since closing on August 17 at what was then an 11-month low of $4.01.

Shares of the company are trading at $5.13 which is significantly higher than $4.36, the stock's 50 day moving average and a tad under the 200 day moving average of $5.61. PIR was included in 6 notes of analysts from September 8, 2016. The stock has "Hold" rating by Jefferies on Thursday, September 29. Loop Capital reaffirmed a "buy" rating and issued a $10.00 price target (down from $12.00) on shares of Pier 1 Imports in a research report on Thursday, June 29th. The rating was downgraded by UBS on Wednesday, October 12 to "Sell". The firm has "Peer Perform" rating given on Thursday, June 23 by Wolfe Research. RBC Capital Markets maintained the shares of PXD in report on Friday, January 27 with "Outperform" rating.

About 3.47M shares traded or 240.20% up from the average. Barrow Hanley Mewhinney & Strauss Ltd stated it has 0.01% in Pier 1 Imports Inc (NYSE:PIR). It has underperformed by 19.65% the S&P500.

Investors sentiment increased to 0.93 in Q4 2016. Its up 0.04, from 1.04 in 2016Q3. 37 funds opened positions while 38 raised stakes. Fireeye Inc (Call) (NASDAQ:FEYE) was raised too. Elk Creek Prtn Limited Com has 1.36M shares for 1.27% of their portfolio. Tocqueville Asset Mngmt L P holds 442,710 shares or 0.05% of its portfolio. (NYSE:CLR). 69,450 are owned by Cibc Asset Inc. Invesco stated it has 0.01% of its portfolio in Penn National Gaming, Inc (NASDAQ:PENN). Pictet Asset Management Ltd acquired 21,084 shares as Quintiles Ims Holdings Inc (Q)'s stock rose 8.21%.

Pier 1 Imports, Inc.is an importer of home decor and furniture. Pacad Inv owns 25,300 shares for 0.04% of their portfolio. NGAM Advisors L.P. now owns 41,971 shares of the specialty retailer's stock worth $218,000 after purchasing an additional 1,404 shares in the last quarter. Frontier Investment Management holds 0.18% or 137,259 shares. New York State Common Retirement Fund holds 77,000 shares or 0% of its portfolio. Connor Clark And Lunn Limited accumulated 57,050 shares. They expect $-0.06 EPS, down 20.00% or $0.01 from last year's $-0.05 per share. CLR's profit will be $3.75 million for 903.75 P/E if the $0.01 EPS becomes a reality. The specialty retailer reported ($0.04) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.01. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Therefore 29% are positive.

Analysts await Pioneer Natural Resources (NYSE:PXD) to report earnings on November, 1 after the close. The firm has "Hold" rating given on Friday, September 25 by Deutsche Bank. On Wednesday, August 30 the stock rating was maintained by Robert W. Baird with "Hold". The company was maintained on Thursday, December 15 by Wedbush. As per Tuesday, December 15, the company rating was initiated by Suntrust Robinson. The company was maintained on Friday, September 25 by Oppenheimer.



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